Abits Inventory Turnover from 2010 to 2024

ABTS Stock   0.66  0.03  4.76%   
Abits Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
320.08
Current Value
336.08
Quarterly Volatility
155.18546352
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abits financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abits' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 8.4 K or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 24.91, Dividend Yield of 0.0 or PTB Ratio of 4.09. Abits financial statements analysis is a perfect complement when working with Abits Valuation or Volatility modules.
  
Check out the analysis of Abits Correlation against competitors.

Latest Abits' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Abits Group over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Abits' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abits' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Abits Inventory Turnover Regression Statistics

Arithmetic Mean231.52
Geometric Mean143.13
Coefficient Of Variation67.03
Mean Deviation141.60
Median336.08
Standard Deviation155.19
Sample Variance24,083
Range329
R-Value0.84
Mean Square Error7,501
R-Squared0.71
Significance0.000079
Slope29.25
Total Sum of Squares337,155

Abits Inventory Turnover History

2024 336.08
2023 320.08
2016 355.64
2015 191.62

About Abits Financial Statements

Abits shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Abits investors may analyze each financial statement separately, they are all interrelated. The changes in Abits' assets and liabilities, for example, are also reflected in the revenues and expenses on on Abits' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 320.08  336.08 

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Additional Tools for Abits Stock Analysis

When running Abits' price analysis, check to measure Abits' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.